Herman Cipora 4

4 · ZIPRECRUITER, INC. · Filed Jun 11, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

ZipRecruiter Director Herman Cipora Exercises Derivatives, Receives RSUs

What Happened

Herman Cipora, a director of ZipRecruiter, reported derivative activity and an RSU award on June 9, 2026. The Form 4 shows an exercise/conversion of 32,997 derivative units at $0.00 (acquired) and a same‑day disposition of those 32,997 derivative units (also at $0.00). Separately, he was granted 35,971 restricted stock units (RSUs) with a $0.00 per‑unit price. No cash changed hands in these reported items.

Key Details

Transaction date: June 9, 2026; Form filed June 11, 2026 (appears timely).
Exercise/conversion (code M): 32,997 units acquired @ $0.00 and 32,997 units disposed @ $0.00 (derivative activity).
Grant/award (code A): 35,971 RSUs granted @ $0.00.
Shares owned after transaction: not disclosed in this filing.
Footnotes: F1–F4 indicate these are RSUs (each RSU = right to one share on settlement). Some RSUs vest the earlier of June 10, 2026 (or the 2026 annual meeting) and others vest the earlier of June 9, 2027 (or the 2027 annual meeting). RSUs do not expire.
Remarks: Exhibit 24 (Power of Attorney) included.

Context

RSUs are awards that convert into common shares upon vesting/settlement; they are not open‑market purchases and do not necessarily signal a near‑term buy or sell decision.
The exercise/conversion and same‑day disposition are recorded as derivative activity (not an open‑market sale at a cash price). The filing does not show cash proceeds or a public sale price.
For retail investors: awards and derivative conversions at $0 are common in equity compensation plans and are informational rather than straightforward bullish/bearish signals.

Form 4

Period: 2026-06-09

Director

Transactions

Exercise/Conversion
Class A Common Stock
2026-06-09+32,997→ 77,893 total
Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]
2026-06-09−32,997→ 0 total
→ Class A Common Stock (32,997 underlying)
Award
Restricted Stock Units
[F1][F4][F3]
2026-06-09+35,971→ 35,971 total
→ Class A Common Stock (35,971 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
[F2]The shares subject to the underlying RSUs shall vest on the earlier of (i) June 10, 2026 and (ii) the date of the Issuer's 2026 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
[F3]RSUs do not expire; they either vest or are canceled prior to vesting date.
[F4]The shares subject to the underlying RSUs shall vest on the earlier of (i) June 9, 2027 and (ii) the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.

Signature

/s/ Michael Johnson, Attorney-in-Fact for Reporting Person|2026-06-11

4 files